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Wednesday, August 06, 2008

Comments

Thank you Howard for taking the time to break down all the finances. I retire in a few months with 2,700.00, and that is after health and income taxes are taken out. I also get a COLA once a year. For the upcoming year it is already 4.5 percent so I feel really good about what we are going to do in a few months. I have read your site for over a year. THANK YOU THANK YOU THANK YOU for your post today. It really made my day.
Jimbo

Thank you for tracking this so carefully! One thing I found after quitting "corporate world" 7 years ago is that the cost of health insurance keeps going up dramatically. I've also needed to budget savings for the eventual replacement of automobiles and other major purchases.

Thank you for the analysis. Howard, your openness and honesty provides encouragement for your readers. I was interested in reading about the "dropped trailer" but could not find this account in 2006 posting. Perhaps a link would help. Those who want to steer us away from 5th wheel trailer cite this as the main reason. I am curious as to what happened.
Travel safe.
Jerry/Carol

Jerry/Carol,

I put a link to the entry you are curious about in this entry. I made several stupid mistakes and documented all of them. If you follow proper procedures, you really should never drop a trailer on the truck. And the possibility of that happening is certainly NOT a reason to steer you away from a fifth wheel. :)

Hi guys,

Your numbers are pretty consistent with our 8 years of numbers. Including all insurance and other costs (except rig replacements) we average about 2200 a month. It was higher at the beginning. That number includes all "toys" that are not major "rig" things - it does not include our truck purchase, etc. We offset our expenses quite a bit with workamping. We average $8500/summer in CO, working 2 on/4 off. So it is not a burden to work.

As to dropping the truck, that should NEVER happen if you have a good hitch and follow procedure. It is certainly not a good reason to not buy a 5er, IMO.

I think you're living less expensively while workaming because you get so many free meals from your employers and guests. :) Seriously, thanks for the openness Howard... it's really an encouragement to Dee and me, and all the other full-timing "gonna-be's". Cheers!

And there you have it. Why am I still here, oh yeah, there is the house!

Howard for all your due diligence, you have shown all that it is not just a dream and that some dreams can come true if proper planning is done. Good Work.

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